Beverly Hills Luxury Real Estate
Here in Beverly Hills, all the finer things in life sit under the clear blue sky and bathe in eternal sunshine. It’s the Luxury Capital of the World, with it’s palm tree-lined streets plied by high-end cars. As they meander through the city, you’ll see the most stunning luxury homes and a whole array of upscale shopping and dining.
Average Home Statistics
Welcome to Beverly Hills
Beverly Hills came a long way. It started out as part of the 4,500-acre Rancho Rodeo de las Aguas. In the late 19th century, the sprawling property was sold and divided into 75-acre parcels. One of these areas would later become one of the country’s most legendary locales. But before that, it became a lima bean plantation until the area was finally named Beverly Hills in 1906.
Today, Beverly Hills’ reputation as one of the most opulent cities in the world is unquestioned. It remains as the favored address of many A-list celebrities, industry leaders, and high net- worth personalities. But there’s more to Beverly Hills than meets the eye. You can find it in the secret pockets of green spaces scattered across the city and slices of Hollywood history its most fabled real estate hold. Beverly Hills is indeed a pearl of great price.
With a place in the sun, Beverly Hills locals get to enjoy a warm Mediterranean climate all year round. There are occasional rain showers, but they’re far and few with the city only receiving an average of less than 20 inches of rainfall every year. Summers in Beverly Hills can get exceptionally hot, while winters are mild and generally pleasant.
Beverly Hills has a total area of approximately 5.71 square miles. As of the 2018 Census estimates, about 34,180 people live here. Due to its proximity to Hollywood, plenty of celebrities call Beverly Hills their home. Aside from the Hollywood stars and heavyweights, Beverly Hills is also home to families and other private individuals.
More Reasons Why People Are Drawn To Live in Beverly Hills
It’s actually pretty quiet. Beverly Hills is not known for its nightlife. In fact, a lot of the bars, restaurants, and other establishments in the city close quite early compared to other parts of Los Angeles County. If you do want to go out and party, the Sunset Strip and West Hollywood are both a short drive away.
The plethora of green spaces. In between the opulent mansions and the upscale shopping are verdant green spaces open to the public, such as Beverly Gardens Park. Depending on your location, your views can also range from calm mountain vistas to panoramas of the LA Basin, which twinkle like diamonds in the rough at night.
The fantastic location. Surrounded on all sides by the City of Los Angeles, Beverly Hills access to different parts of LA is unparalleled. West Hollywood is located adjacent to Beverly Hills. If you go northwest, you’ll enter Bel-Air and, should you go further, the Santa Monica Mountains. East of Beverly Hills is LA’s Fairfax District, while Beverlywood is located south of the city.
Home Prices And Real Estate Values
Luxury homes and mansions for sale in Beverly Hills have an average home price of $3.2 million. At the low end, it’s possible to purchase a property in Beverly Hills for an average price of $886,000. On the opposite end of the spectrum, luxury homes for sale in Beverly Hills, California can cost as much as $165 million. These million dollar homes in Beverly Hills typically feature 4.7 bedrooms, 4.7 baths, and an average square footage of 3,384 sq. ft.
In addition to Jeff Bezos, you will be calling the following celebrities your neighbors:
- Taylor Swift
- Jennifer Aniston
- Jennifer Lawrence
- John Legend and Chrissy Teigen
- Ashton Kutcher and Mila Kunis
- Christina Aguilera
- Simon Cowell
- Rod Stewart
- Lionel Richie
- Jason Statham and Rosie
is definitely one of the best known streets in the world. This two-mile stretch of road is an international destination for luxury shopping fo its line-up of designer boutiques and upscale shopping centers.
is not only a civic building. It is also one of Beverly Hills’ historic sites. It was built in 1932 and iconic for its white facade and Spanish Revival architecture.
along Sunset Boulevard is legendary in status, its reputation associated with fame, rock stardom, and Hollywood. It is hard to miss its signature pink- and-green colors. The main hotel and the bungalows were built in 1912, but it was only in 1948 when the hotel was given its trademark pink paint.
captures the glamour of the Roaring 20s with its Carrara marble and Renaissance-style architecture. It was built in 1928 and is a popular filming location. It is also listed in the US National Register of Historic Places.
In Beverly Hills
Beverly Hills is also a playground for celebrity chefs, from classically trained cooks to avant-garde chefs de cuisine. Spago by Wolfgang Puck is one such place, synonymous with upscale and locally sourced Californian cuisine.
The Belvedere Restaurant at the Peninsula Beverly Hills is another go-to restaurant for Mediterranean food. For carefully prepared sushi, Matsuhisa by Nobu Matsuhisa in La Cienega Boulevard is hard to top. Meanwhile, South Beverly Grill specializes in classic American food and wine pairings.
Entertainment & Events
For culture and entertainment, Beverly Hills has a series of annual events. There’s the city’s Chinese New Year celebrations, which usually includes Chinese live entertainment as well as art installations and productions. Every summer, residents and tourists are serenaded with Concerts on Canon, a string of free outdoor concerts held in Beverly Canon Gardens. Car aficionados get their time at the yearly Rodeo Drive Concours d’Elegance, which features both vintage automobiles and the latest luxury cars.
Wondering where to get locally sourced fresh produce and goods? The Beverly Hills Farmers’ Market is held every Sunday at Civic Center Drive. Once in a while, the organizers hold special activities, such as bake-offs, live entertainment, and workshops.
Explore more of Beverly Hills luxury real estate with an expert Los Angeles luxury realtor.